The drive-thru entrance to a Salad and Go location.Source: Salad and GoWhen Sweetgreen went public two years ago, co-founder and CEO Jonathan Neman said the salad chain aspired to be the "McDonald's of its generation."But another salad rival could beat Sweetgreen to the punch: Salad and Go.Founded in 2013,...
A 'now hiring' sign outside of a Wendy's on October 08, 2021 in Miami, Florida.Joe Raedle | Getty ImagesWendy's has tapped PepsiCo veteran Kirk Tanner as its new chief executive, effective Feb. 5, as the burger chain tries to boost its share price and ease pressure from activist investors.Tanner...
Burger King fast food restaurant with menu and customers.Jeff Greenberg | Universal Images Group | Getty ImagesRestaurant Brands International is buying Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for about $1 billion in cash.Restaurant Brands will pay $9.55 per share to acquire Carrols, which operates...
Blank Street Coffee's shops have taken over New York City as they lure in customers with cheap lattes and cold brew.Now the upstart chain aims to attract even more consumers who want to slash their coffee budgets through a subscription program.The Blank Street Regulars program, which opened to the...
A Chick-fil-A meal is displayed at a Chick-fil-A restaurant in Novato, California, on June 1, 2023.Justin Sullivan | Getty ImagesEvery restaurant chain from McDonald's to Popeyes wants to take down Chick-fil-A, but its hold over customers is tighter than ever.Since its founding in 1967, Chick-fil-A has grown to become...
The Ronald McDonald balloon floats down Central Park West during the Macy's Thanksgiving Day Parade on November 23, 2023, in New York City.Gary Hershorn | Corbis News | Getty ImagesMcDonald's executives painted a rosy portrait of the fast-food giant's strength and ability to achieve long-term goals at its investor...
Members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle in Washington, D.C., on Nov. 16, 2023.Kevin Dietsch | Getty ImagesStarbucks said it wants to resume contract talks with the union representing its baristas, starting in January.Saturday marks the two-year anniversary of the...
McDonald's CosMc's Restaurant.Courtesy: McDonald'sMcDonald's will open the first location of its new spinoff brand CosMc's this week in Bolingbrook, Illinois.The fast-food giant plans to open 10 CosMc's locations, including nine restaurants in Texas, by the end of 2024 in a test. McDonald's will then spend a year analyzing data...
A McDonald's store sign in Austin, Texas, Oct. 30, 2023.Brandon Bell |Getty ImagesMcDonald's wants to open more than 8,800 locations and add 100 million members to its loyalty program by 2027.The targets are part of the fast-food giant's long-term plans to grow sales across its already sprawling restaurant footprint.McDonald's...
French fries arranged at a McDonald's Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021.Luke Sharrett | Bloomberg | Getty ImagesMcDonald's is expected to share new details about its accelerated expansion plans, a new spinoff brand called CosMc's and digital strategy at its investor day...